Appointments
Citibank β Kaustubh Kulkarni
Appointed co-head of investment banking for Japan, North Asia, Australia, and South Asia. Based in Singapore. Co-leads with Jan Metzger. Part of Citi’s broader Asia-Pacific expansion strategy.
Banking
R Gandhi Reappointed at Yes Bank
RBI approved reappointment as part-time non-executive chairman. Term: 20 Sept 2025 β 13 May 2027. Profile: 37 years banking experience, former RBI Deputy Governor (2014-2017), worked with SEBI and IDRBT.
Housing
Angikaar 2025 β PMAY-U 2.0 Outreach
Last-mile outreach under PMAY-U 2.0. Launched 4 Sept 2025, runs till 31 Oct 2025. Covers 5,000+ ULBs. Focus: Awareness, application verification, expediting sanctioned houses. Priority for Special Focus Groups.
Agriculture
NITI Aayog Pulses Production Roadmap
Targets: Self-sufficiency by 2030, 51.57 MT by 2047. Milestones: 26.06 MT (2022) β 34.45 MT (2030) β 51.57 MT (2047). Strategy: Crop clustering, high-quality seeds, climate-smart practices, focus on 111 high-potential districts.
Energy & Ports
V.O. Chidambaranar Port β Green Initiatives
Sarbananda Sonowal inaugurated: Green hydrogen pilot plant, 6 MW wind energy project (βΉ59 cr), 110 kV substation, 10th container terminal. Located at Tuticorin Port. Marks clean energy progress.
International
Thailand’s New PM β Anutin Charnvirakul
Elected with 63% votes, defeated Chaikasem Nitisiri (Pheu Thai). Backed by opposition People’s Party. Pledges: Constitutional referendum, elections within 4 months. Outmaneuvered Shinawatra camp.
International
Ukraine Security Guarantees β Paris Summit
26 countries pledged postwar security guarantees (land, sea, air). Announced by French President Macron. Support from Trump and Zelenskiy. Options: Troop deployments (France/UK), training/monitoring (Germany, Italy, Bulgaria).
International
UK Cabinet Reshuffle β David Lammy
After Angela Rayner’s resignation, PM Keir Starmer appointed David Lammy as Deputy PM, Justice Secretary, Lord Chancellor. Yvette Cooper: Foreign Secretary. Shabana Mahmood: Home Secretary. Context: ~Β£40 billion fiscal shortfall.
Defence
DRDO Technology Transfers
High-strength radomes for missile systems β BHEL. DMR-1700 steel sheets β JSPL. DMR 249A HSLA steel plates β BSP (SAIL). Advances indigenous materials for defence self-reliance.
Space
Kulasekarapattinam Spaceport
Location: Tamil Nadu (~2300 acres). Ready by December 2026. Capacity: 20β25 SSLV launches/year (payloads up to 500 kg). Complements Sriharikota, expands India’s small-satellite launch capacity.